Skip to content
Country Flag IR
Select Country
Country selection We will display only brokers and information that is relevant to your country.
Currently selected country
Select a different country
Language See the content translated in your language.

Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

3.9
/ 5

Orbex review

By azeshan
Updated on Nov 7, 2024
|
13 mins read

Overview

While there are many brokers on the market, they all offer something slightly different. Choosing a good fit for your needs and preferences can often be a time-consuming...
See full overview for Orbex
Countries
+219
Devices
Our Verdict
3.9
/ 5
Commissions & Fees
4
/ 5
Deposit & Withdrawal
3
/ 5
Customer Support
4.8
/ 5
Account Opening
3.7
/ 5
Regulation & Safety
3.9
/ 5

Our 5-step process of verification and evaluation – How do we obtain information?

 

General inspection – 30%

Trading experience – 30%

Technical audit – 20%

Collective experience from collaborations with the broker – 10%

Interviews with real traders – 10%

 

See the entire process here.

Pros

  • Strong Regulatory Oversight

  • Several Trading Platforms Offered

  • Several Account Options

  • Comprehensive Educational Resources

  • Competitive Spreads on Stocks and Cryptocurrencies

  • Free VPS on all Accounts

  •  

Cons

  • Variable Spreads on Starter Account

  • High Minimum Deposits for Premium and Ultimate Accounts

  • Some Users Reported Withdrawal Issues

  • Not Available for US and Canadian Residents

General details

Type of accounts
Unlimited Demo Accounts
Standard Accounts
VIP accounts
Trading platforms
Execution Model
ECN
Deposit currency
USD
EUR
Regulatory complience
CySEC
Deposit payment systems
Withdrawal payment systems
Support Languges
English
Arabic
Bengali
Spanish
Chinese
German
Polish
Russian
Japanese
Autotrading
MQL.5 Signals MT4 EA MT5 EA
Contact details

Customer reviews

Read real reviews from traders all over the world:

J
Jeff Warren
30 January 2023
Advantages: In the comments it is written in detail
Disadvantages: No any
When it comes to Forex trading, the forex brokerage company you choose can have a significant impact on your success. The company you use determines whether you will have an advantage or disadvantage in your trades. If you want to get favorable trading conditions and favorable spreads. This company provides both, not just technical support and liquidity. The broker should also work with his clients in such a way that they feel reliable and trustworthy.
J
James Lewis
27 January 2023
Advantages: A reputable online forex broker that offers traders many advantages. With this broker, traders can take advantage of leverage to increase their profits, narrow spreads to improve trading opportunities and excellent technical support to meet all their trading needs.
Disadvantages: None
Provides its users with a secure platform for confident trading. It also offers educational resources and tools to help traders hone their skills and stay ahead of the competition. With this broker, forex traders can enjoy all the benefits of an experienced broker without any hassle and risk.
See all 23 customers reviews

Accounts

Type of Trading Accounts on Orbex

Orbex offers a range of trading accounts designed to cater to the needs of traders of different levels of experience and trading styles. Let’s take a closer look at each of these account types:

  • Demo Account: This account type is ideal for novice traders just starting with trading or experienced traders who want to test their strategies in a risk-free environment. With Orbex’s demo account, traders can practice trading with virtual funds, allowing them to test different strategies and get familiar with the trading platform before trading with real money.
  • Basic/Starter Account: This account type is designed for traders who are just starting with trading or for those who prefer to trade with smaller amounts. With a minimum deposit of $200, traders can access all the trading instruments and tools available on Orbex’s trading platform.
  • Premium Account: The premium account is designed for traders who have some experience with trading and are looking to take their trading to the next level. With a minimum deposit of $5,000, traders can enjoy additional features such as a personal account manager, priority access to customer support, and lower spreads.
  • VIP Account: The VIP account is designed for professional traders who require a more personalized trading experience. With a minimum deposit of $25,000, traders can enjoy features such as custom trading conditions, a dedicated account manager, and other exclusive benefits.
  • Institutional Account: This account type is designed for clients requiring access to institutional-grade trading conditions and liquidity. Orbex offers a range of customizable solutions to meet the specific needs of institutional clients.
ECN Advanced - Orbex
Trading Platforms
METATRADER 4 Meta Trader 4 Mobile
Deposit currency
USD
EUR
Minimum position size
0.5 units
Execution type
market
Spread type
Floating
Decimal places
4
Commission
6 USD for 1 lot
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
ECN Standard - Orbex
Trading Platforms
METATRADER 4 Meta Trader 4 Mobile
Deposit currency
USD
EUR
Minimum position size
0.01 units
Execution type
market
Spread type
Floating
Decimal places
4
Commission
10 USD for 1 lot
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
Universal Advanced - Orbex
Swap-free account
Availability of a VIP account
Trading Platforms
METATRADER 4 Meta Trader 4 Mobile
Deposit currency
USD
EUR
Minimum position size
0.1 units
Execution type
market
Spread type
Floating
Decimal places
4
Commission
Not
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
Universal Standard - Orbex
Swap-free account
Trading Platforms
METATRADER 4 Meta Trader 4 Mobile
Deposit currency
USD
EUR
Minimum position size
0.1 units
Execution type
market
Spread type
Floating
Decimal places
4
Commission
Not
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
Universal Mini - Orbex
Swap-free account
Trading Platforms
METATRADER 4 Meta Trader 4 Mobile
Deposit currency
USD
EUR
Trading instruments
Forex
1:500
Minimum position size
0.01 units
Execution type
market
Spread type
Floating
Decimal places
4
Commission
Not
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents

Tradable instruments

Tradable instruments on Orbex trading platforms include:

  • Precious metals
  • Energy
Currencies
50
Indices
N/A
Cryptocurrencies
N/A

Frequently asked questions

Find the right answer to your question below.

Is Orbex a reliable forex broker?

Orbex has good regulatory status and it is a popular broker worldwide. You have peace of mind from the start and extras like negative balance protection add to the situation. This regulation tells you that Orbex complies with strict measures and offers total transparency.

What trading platforms does Orbex offer?

Orbex offers several high quality trading platforms. This includes industry-standard MT4 & 5, along with their range of tools and features. For more information, you can read our MetaTrader 4 review. Additionally, there is also a web-based platform, WebTrader, and an app for trading on-the-go.

What are the minimum deposit requirements for Orbex?

While Orbex doesn’t charge monthly fees for their accounts, they do have quite significant minimum deposit requirements. The Starter account is the only exception here, with regular $100 minimum deposits. However, the Premium and Ultimate accounts have quite high requirements. The Premium account requires a minimum deposit of $500, and the Ultimate asks for $25000.

Does Orbex offer educational resources for beginners?

One of Orbex’s top features is its range of educational resources for all ability levels. Beginners can access basic resources, such as eBooks, video tutorials, and webinars. However, if you sign up for the Ultimate or Premium accounts you can access advanced resources. This includes one-to-one training sessions.

What types of trading instruments are available with Orbex?

There are many tradable instruments available through Orbex. These include forex, cryptocurrency, commodities, stocks and indices. This broker also offers a large range of cryptocurrency options, with the main digital currencies included. 

Another plus point is the ability to trade any of these instruments through a VPS (Virtual Private Server). This gives you extra security but also means that your trading strategy continues whether your computer is switched on or you’re offline. You can read our best forex VPS article here.

Orbex compared with alternative brokers

To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.

  • Overall verdict
  • Trading
  • Minimum deposit
  • Maximum leverage
  • Fees
  • Withdrawal fee
  • Deposit fee
  • Safety
  • Top-tier regulators
  • Investor protection
Orbex
  • Specialized trading accounts
  • 24/7 instant money withdrawal
  • 3.9
    / 5
  • 3
    / 5
  • N/A
  • N/A
  • 4
    / 5
  • N/A
  • N/A
  • 3.9
    / 5
  • CYSEC
  • No
  • See review
FxPro
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • Free VPS hosting
  • High leverage
  • 4.8
    / 5
  • 4.9
    / 5
  • $100
  • 1:10000
  • 4.7
    / 5
  • $0
  • $0
  • 4.8
    / 5
  • FCA
  • Yes
  • See review
LiteFinance
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • 3.9
    / 5
  • 3.5
    / 5
  • N/A
  • N/A
  • 4.3
    / 5
  • N/A
  • N/A
  • 3.9
    / 5
  • CYSEC
  • No
  • See review
eToro US
  • Specialized trading accounts
Start trading
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk
  • 4.1
    / 5
  • 4.3
    / 5
  • $100
  • No
  • 4
    / 5
  • 5$
  • 0$ ( )
  • 4.1
    / 5
  • FINRA, ASIC, CYSEC, FCA,
  • Yes
  • See review
Darwinex
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • 4.2
    / 5
  • 4
    / 5
  • 500
  • 1:300
  • 4.3
    / 5
  • N/A
  • N/A
  • 4.5
    / 5
  • FCA
  • Yes
  • See review
Choose brokers to compare Orbex to
118
0
Would love your thoughts, please comment.x
()
x